highlights • TotalM LS listingsin theVancouverRegion roseto11,362 bytheend ofFebruary,up 6% versusa m onth earlier;thatsaid,inventorywas22% below thepast10-yearFebruaryaverage.Last m onth’sinventorywas,in fact,16% higherthan thatofFebruary2022,howeverlastFebruary’s listingscountwasthelowesteverrecorded forthem onth. • O n am onth-to-m onth basis,theinventoryofdetached hom eswasup by8%,condosby6%,and townhom esby0.2%.O n ayear-over-yearbasis,condoinventorywasup them ostat27%,folowed bytownhom einventory(+20%),and detached hom einventory(+4%). • W ith only4.2 m onthsofinventory(M O I)in February,theoveral m arketfavoured selers.There were3.8 and 2.8 M O Iforthecondoand townhom esegm ents,respectively(with conditions thereforefavouring selers),w hiletherew ere5.7 M O Ifordetached hom es(reflecting balanced conditions).
THERENNIEADVANCE total listings
FEBRUARY 2023
14,000
+ 4% vsFeb2022
12,000
10,000
8,000
6,946 10 yrFebAvg
6,000
4,000
4,816
DETACHED listings
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 2,000
- 31% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500
+ 20% vsFeb2022
2,058 10 yrFebAvg
1,525
TOWNHOME listings
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 500
- 25.9% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
12,000
+ 27% vsFeb2022
10,000
8,000
6,000
5,222 10 yrFebAvg
4,000
4,606
CONDO listings
2,000
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0
- 11.8% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
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